Global Emerging Markets Weekly: 26 November 2021

FX Dashboard: Updating EM FX Winners and Losers

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

iShares MSCI Emerging Markets / Technical Analysis

<ul>
<li>We touted shorting EEM at 52/53 over recent weeks with risk of a big move lower once we crack 49.50 pivot support opening the way lower from the flat range.</li>
<li>We laid our synergies between flat bearish patterns in HK tech, HSI, EEM, USD/BRL that raised some big red flags that will come to a head in late December.</li>
<li>Expulsive USD moves are unfolding in EM that align with a bearish EEM view.</li>
</ul>


We touted shorting EEM at 52/53 over recent weeks with risk of a big move lower once we crack 49.50 pivot support opening the way lower from the flat range.
We laid our synergies between flat bearish patterns in HK tech, HSI, EEM, USD/BRL that raised some big red flags that will come to a head in late December.
Expulsive USD moves are unfolding in EM that align with a bearish EEM view.


iShares MSCI Emerging Markets

EEM a Top December Short